How Nas Made $40 Million By Investing In Smart Doorbell Company

Source: Kevin Mazur / Getty
Nas is not only a successful rapper, but a great businessman too. He recently earned $40 million by investing in Ring, a smart doorbell company. Vibe reports that Ring made over $415 million last year in sales, which is a major jump from its $170 million sales in 2016.
Founder of Ring, Jamie Smirnoff said, “Ring is committed to our mission to reduce crime in neighborhoods by providing effective yet affordable home security tools to our neighbors that make a positive impact on our homes, our communities, and the world. We’ll be able to achieve even more by partnering with an inventive, customer-centric company like Amazon. We look forward to being a part of the Amazon team as we work toward our vision for safer neighborhoods.”
Nas has invested in several startups including Genius, Lyft and SeatGeek. The rapper hasn’t spoke out about his investment, but this is pretty exciting. Congratulation Nas on all of your success!
RELATED: Gary’s Tea: Should Kelis Get More Money From Nas? [EXCLUSIVE VIDEO]
RELATED: Why Kelis Is Asking For More Child Support Money From Nas
RELATED: Nas Reminds Fans Why He’s One Of The Greatest Rappers Alive [VIDEO]
The Latest:
- Legislators Threaten To Defund SC State As Lt. Gov. Pamela Evette Doubles Down On Dissing HBCU Over Canceled Commencement Speech
- The Best Dressed Male Athletes At The Met Gala Over The Years
- Will Future Be On Drake's 'ICEMAN' Album?
- Fugees' Pras Michael Begins 14 Year Prison Bid For Money Laundering & Fraud Charges
- Vaulted Visuals: Barbie Ferreira Reveals She Filmed A Music Video For Beyoncé’s “Thique” With Megan Thee Stallion & More Stars
- Shedeur Sanders' Brother Shilo Ripped For Telling Reporter "Go Make A Sandwich, Mary”
- Social Media Drags Scott Jennings Over On-Air Profane Threat
- 50 Cent Faces Lawsuit From Ex-Staffer Alleging Retaliation & Harassment
- Lexie Brown Calls Out Klay Thompson, Megan Thee Stallion for Silence Amid Cheating Rumors
- 'The Black Watch’: Cassius & BOSSIP Talk Black Biopics & The ‘Michael’ Movie–"He Gets It Down!"
How Nas Made $40 Million By Investing In Smart Doorbell Company was originally published on rickeysmileymorningshow.com
